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Centrus Energy Corp - LEU STOCK NEWS

Welcome to our dedicated news page for Centrus Energy (Ticker: LEU), a resource for investors and traders seeking the latest updates and insights on Centrus Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Centrus Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Centrus Energy's position in the market.

News
Centrus to Webcast Conference Call on November 8 at 8:30 a.m. ET
Rhea-AI Summary
Centrus Energy Corp. (NYSE American: LEU) will broadcast its quarterly conference call on November 8, 2023, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2023 on November 7. The conference call will be accessible through the Company's website, with a webcast replay available until November 18, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
conferences
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News
Centrus Begins Enrichment Operations in Ohio
Rhea-AI Summary
Centrus Energy begins production at its HALEU facility in Piketon, Ohio, marking the first new U.S.-owned uranium enrichment plant since 1954.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
Tags
none
-
News
Centrus to Participate in TD Cowen's Nuclear Fuel Cycle Roundtable
Rhea-AI Summary
Centrus Energy CEO to participate in Nuclear Fuel Cycle Roundtable on October 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.94%
Tags
conferences
News
Centrus to Participate in H.C. Wainwright's 25th Annual Global Investment Conference
Rhea-AI Summary
Centrus Energy CEO to present at H.C. Wainwright's 25th Annual Global Investment Conference on Sept 11-12, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
conferences
-
News
Centrus to Begin HALEU Production in October
Rhea-AI Summary
Centrus Energy Corp expects to begin production of High-Assay Low-Enriched Uranium (HALEU) in October 2023, two months ahead of schedule, at the American Centrifuge Plant in Piketon, Ohio. This will be the first new U.S.-owned uranium enrichment plant since 1954. The production will support energy security, clean power needs, national security, nonproliferation goals, and generate new jobs. The capacity of the initial cascade will be about 900 kilograms of HALEU per year, with potential for significant expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
none
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News
Oklo and Centrus Energy Sign Memorandum of Understanding for Fuel, Components, and Power Procurement to Support the Deployment of Advanced Fission Technologies in Southern Ohio
Rhea-AI Summary
Oklo and Centrus announce MOU for collaboration in advanced fission powerhouses and nuclear fuel production in Ohio. Centrus to supply HALEU to Oklo's powerhouses and purchase electricity from Oklo's plants. Centrus to manufacture components for Oklo's powerhouses. Positive for Oklo and Centrus partnership and potential growth in the nuclear industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
News
Oklo and Centrus Energy Sign Memorandum of Understanding for Fuel, Components, and Power Procurement to Support the Deployment of Advanced Fission Technologies in Southern Ohio
Rhea-AI Summary
Oklo and Centrus Energy Corp. announced a new MOU to support the deployment of Oklo's advanced fission powerhouses and advanced nuclear fuel production in Southern Ohio. Oklo plans to purchase HALEU from Centrus' production facility in Piketon, Ohio, and Centrus will purchase electricity from Oklo's planned Ohio plants. The partnership aims to establish a domestic HALEU supply chain and lower the cost of energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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none
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News
Centrus Reports Second Quarter 2023 Results
Rhea-AI Summary
Centrus Energy Corp. reported Q2 2023 net income of $12.7 million on $98.4 million in revenue, compared to net income of $37.4 million on $99.1 million in revenue in Q2 2022. Received NRC authorization for HALEU production. Expect to complete Phase I HALEU production by end of 2023. Signed MOU with TerraPower to accelerate HALEU production. Consolidated cash balance of $212.5 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.61%
Tags
earnings
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News
Centrus to Webcast Conference Call on August 4 at 8:30 a.m. ET
Rhea-AI Summary
Centrus Energy Corp. (NYSE American: LEU) will hold its quarterly conference call on August 4, 2023, at 8:30 a.m. ET. The company will release its second quarter earnings report on August 3. The conference call will be accessible through the company's website, with a webcast replay available until August 14.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.23%
Tags
conferences
News
TerraPower and Centrus expand efforts to commercialize domestic HALEU production
Rhea-AI Summary
TerraPower and Centrus Energy have signed an MOU to accelerate the production of high-assay, low-enriched uranium (HALEU) for TerraPower's Natrium reactor. The collaboration aims to establish commercial-scale, domestic production capabilities for HALEU to supply the Natrium reactor and energy storage system. The companies will ensure access to HALEU for the Natrium demonstration reactor and establish a cost-competitive enrichment capacity in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.57%
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none
Stock LEU logo
Centrus Energy Corp

NYSE:LEU

LEU Rankings

#2751 Ranked by Market Cap
#1696 Ranked by Stock Gains
N/A Ranked by Dividends

LEU Stock Data

680.48M
13.38M
14.95%
44.95%
4.01%
Hydroelectric Power Generation
Utilities
Link
US
Bethesda

About LEU

centrus is a trusted supplier of enriched uranium fuel for a growing fleet of international and domestic commercial nuclear power plants. centrus is working to deploy the american centrifuge technology for commercial needs and to support u.s. energy and national security. as an investor-owned company, centrus continues a 50-year tradition of reliability: all customer shipments have been made on time and within specification. between 1995 and 2013, centrus purchased about one-half of its low enriched uranium supply under a contract with russia through the megatons to megawatts program, a commercially funded nuclear nonproliferation initiative of the u.s. and russian governments. this unique program recycled 500 metric tons of weapons-grade uranium taken from dismantled russian nuclear warheads (the equivalent of 20,000 warheads) into low enriched uranium used by centrus’ customers to generate electricity. centrus’ supply of low enriched uranium from the program have been replaced by p